Indian stalwarts appointed CEO, COO and CFO
California-headquartered BrightNight has entered the Indian renewable energy market with the appointment of two industry stalwarts and pledging to bring advanced solutions to the industry which is projected to grow to 450 GW by 2030 from about 100 GW now.
BrightNight Founder and CEO Martin Hermann has emphasized that the company views India as “a critical market with the opportunity to be a global energy decarbonization leader”, adding that the firm is “excited to be a regional partner with a large team based in New Delhi”.
While India has seen an impressive investment in standard renewable energy infrastructure, BrightNight will provide power off-takers with next generation hybrid, peak and firm power solutions that will outpace standard project dispatchability, reliability and safety, Hermann assured in a release on 24 June 2021.
He also announced that Sajay KV has joined BirghtNight as India CEO and Naveen Khandelwal has joined the company as India COO and CFO. Combined, BrightNight’s new India management team members have contributed to the delivery of 10 GW of renewable projects across India and raised more than US$2.5 billion in capital for energy projects.
Sajay and Naveen bring a wealth of experience in wind, solar and storage technology which will serve the company well as they develop, operate and maintain dispatchable renewable power projects across the country, he said.
BrightNight is excited to bring its advanced solutions to India’s renewable energy market, which is projected to grow from 100GW to 450GW by 2030. BrightNight solutions will be critical for the country’s continued journey towards a renewable energy future.
As standard renewable energy solutions continue to energize, intermittent supply combined with growing demand will pose a threat to reliability and be increasingly challenging to manage.
In contrast, BrightNight renewable power solutions will provide operators with industry-leading dispatchability and energy management tools so clients can confidently decarbonize without compromising reliability, said Hermann.
Naveen has been a leader in Indian energy markets for more than 18 years. Naveen was a founding member of two large and reputed Indian renewable energy IPPs with GW-size wind and solar portfolios.
BrightNight is one of the first renewable power provider with expertise and solutions designed to help clients decarbonize without compromising reliability, profitability, or security. #renewables #energy #investment #OPEC #projects #contracts /fiinews.com
